Ethereum has proposed a maximum gas limit for each transaction to enhance stability and mitigate the risk of denial-of-service (DoS) attacks.
The EIP-7983 proposal sets a threshold of 16.77 million gas per transaction to protect the network while attracting significant interest from investment firms like BlackRock and notable individuals.
MAIN CONTENT
The EIP-7983 proposal limits the maximum gas amount for each transaction to increase stability and reduce DoS.
BlackRock and large investors currently hold ETH worth billions of USD.
The technical MACD index of ETH has shifted to an upward trend, signaling the potential for a short-term breakout.
Why does Ethereum need a gas limit for each transaction?
Ethereum wants to limit gas for each transaction to ensure the network operates smoothly and avoid denial-of-service (DoS) attacks, according to EIP-7983 supported by co-founder Vitalik Buterin.
"Any block containing a transaction with gasLimit exceeding 16.77 million will be deemed invalid and rejected..." – EIP-7983
Currently, the majority of transactions on Ethereum consume gas below this threshold, so average users will not be significantly affected.
What role do large investors like BlackRock play in the current ETH trend?
BlackRock is holding $4.38 billion in ETH, accounting for 42.8% of the total amount of ETH held by institutional investment funds, demonstrating strong confidence in Ethereum.
According to World Liberty Fi, a cryptocurrency whale has allocated 95% of assets equivalent to approximately $173.3 million into ETH, creating significant growth momentum.
"Ethereum is now the top choice for large treasury funds, providing a solid foundation for long-term potential." – Financial Analyst 2025
SharpLink Gaming leads with 198,167 ETH in treasury, followed by Bit Digital and BTCS Inc. with tens of thousands of ETH, totaling over 99% of reported treasury ETH.
What are the breakout opportunities for ETH in the current technical context?
ETH is trading around $2,560 with a neutral RSI index of 54.93, however, the MACD indicator has just shifted to an upward trend, raising expectations for a strong breakout.
Positive momentum on the MACD and increased buying volume could help ETH break out of the sideways trend that has lasted since mid-June.
How does the EIP-7983 proposal affect users and the network?
EIP-7983 helps limit transactions that consume all the gas of a block, thereby enhancing stability for the Mainnet and reducing the risk of DoS – an important factor in maintaining Ethereum's high performance.
Criteria Before EIP-7983 After EIP-7983 Maximum gas limit per transaction No specific limit 16.77 million gas/transaction Impact on average users Risk of delayed transactions due to gas-occupied blocks Most transactions unaffected DoS attack risk Higher due to large gas-consuming transactions significantly reduced, increasing network security
Frequently Asked Questions
Does EIP-7983 affect current gas fees?
EIP-7983 does not change gas fees but limits the maximum amount of gas used per transaction, keeping the network more stable.How much ETH does BlackRock hold and why is it important?
BlackRock owns over $4 billion in ETH, accounting for nearly half of institutional holdings, driving price increases and affirming confidence.What is the MACD indicator signaling for ETH?
The MACD has just shifted to an upward trend, opening up breakout opportunities if buying pressure continues to rise.Does the gas limit affect large transactions?
Transactions exceeding 16.77 million gas will be rejected, ensuring no block is completely occupied with gas.What does Ethereum co-founder Vitalik Buterin think about EIP-7983?
Vitalik supports this proposal to improve the protocol and increase the network's sustainability.
Source: https://tintucbitcoin.com/ethereum-dan-dau-gas-cap-hut-43-ty-usd/
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